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MicroStrategy Buys $147 Million in Bitcoin

Big Cap

MicroStrategy Buys $147 Million in Bitcoin

MicroStrategy, led by billionaire Michael Saylor, has announced its latest Bitcoin purchase, totaling a substantial "9 figures." Specifically, on September 25, MicroStrategy allocated $147.3 million to acquire 5,445 Bitcoins, with an average purchase price of $27,053 per BTC. This acquisition increases MicroStrategy's total

By Web3 Station 25 Sep 2023
Optimism Prepares to Release $30 Million in Tokens

Big Cap

Optimism Prepares to Release $30 Million in Tokens

Following scheduled plans, Optimism's OP Mainnet is set to release 24.16 million OP tokens on September 30, equivalent to 3% of its circulating supply, valued at approximately $30 million USD. Out of this total, around $16 million worth of tokens will be allocated to project contributors, with

By Web3 Station 25 Sep 2023
Celestia Announces Airdrop of 60 Million TIA Tokens

Big Cap

Celestia Announces Airdrop of 60 Million TIA Tokens

After a relatively quiet period, Celestia has unexpectedly announced an airdrop of TIA tokens for developers and early contributors. Celestia Announces Airdrop of 60 Million TIA Tokens In an announcement on the evening of September 26, approximately 7,579 developers and 576,653 on-chain wallet addresses are eligible to receive

By Web3 Station 25 Sep 2023
OpenSea Exposes User Data

NFT & GameFi

OpenSea Exposes User Data

A third-party provider of OpenSea has experienced a security breach that exposed users' API keys. OpenSea Exposes User Data Image: CryptoSlate The leading NFT marketplace, OpenSea, has issued a warning and is urging users to change their API keys immediately following a security breach from a third party. The

By Web3 Station 25 Sep 2023
Analysis: Why CRV and CREAM Prices Pumped on 24/09/2023

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Analysis: Why CRV and CREAM Prices Pumped on 24/09/2023

CRV Price Pump: Whale Accumulation On 13/09, the price of CRV fell below $0.4, reaching $0.38, a level lower than the OTC price at which founder Michael Egorov sold to maintain his loan positions. This led investors to fear a potential sell-off by the funds that purchased

By Web3 Station 24 Sep 2023
Mixin Hack Results in $200 Million Loss, CEO Claims "Half" of User Assets Unaffected

defi

Mixin Hack Results in $200 Million Loss, CEO Claims "Half" of User Assets Unaffected

Mixin Hacked, Losses Estimated at $200 Million Update as of the afternoon of 25/09/2023: In a recent AMA, Mixin founder Feng Xiaodong stated: "Regardless of whether your assets are Bitcoin or Ethereum, we guarantee that half of them are not affected by the hack. We are trying

By Web3 Station 24 Sep 2023
Community Votes to Cease USTC Issuance: Terra Classic Initiative

Big Cap

Community Votes to Cease USTC Issuance: Terra Classic Initiative

Terra Classic community has voted to halt the minting of USTC, the algorithmic stablecoin that contributed to the collapse of the Terra ecosystem last year. Through a recent vote, the LUNA community decided to cease the issuance and re-issuance of Terra Classic USD (USTC), following the controversial collapse of Do

By Web3 Station 24 Sep 2023
Arkham Reveals Coinbase's $25 Billion Bitcoin Wallet Cluster, Comparable to Satoshi's Holdings

Big Cap

Arkham Reveals Coinbase's $25 Billion Bitcoin Wallet Cluster, Comparable to Satoshi's Holdings

In a late-night post on X (formerly Twitter) on September 22, 2023 (Vietnam time), on-chain data platform Arkham disclosed its identification of the Bitcoin wallet cluster belonging to the Coinbase exchange. The wallet cluster currently holds a staggering 1 million BTC, valued at $25 billion. This amount equates to 5%

By Web3 Station 22 Sep 2023
Linear Finance's Stablecoin ℓUSD Drained of Liquidity in Hack

defi

Linear Finance's Stablecoin ℓUSD Drained of Liquidity in Hack

Summary Linear Finance, a DeFi protocol from Hong Kong, experienced a significant hack on the evening of 21/09, resulting in the depletion of its stablecoin Linear USD (ℓUSD) liquidity on PancakeSwap and Ascendex. This incident caused ℓUSD to depeg heavily. The Attack The attacker managed to mint an unlimited

By Web3 Station 21 Sep 2023
Binance Sparks 1,900% Surge in Ethereum Gas Fees

Big Cap

Binance Sparks 1,900% Surge in Ethereum Gas Fees

Ethereum's gas fees skyrocketed by a staggering 1,900%, jumping from 15 to 300 gwei, precisely when Binance executed a large volume of transactions. Binance "blows up" Ethereum gas fees by 1,900%. Photo: Analytics Insight A series of transactions from Binance wallets caused Ethereum'

By Web3 Station 21 Sep 2023
Bitcoin Network Overloaded with Over 460,000 Pending Transactions

Big Cap

Bitcoin Network Overloaded with Over 460,000 Pending Transactions

The Bitcoin network is currently facing congestion with more than 460,000 transactions pending, leading to significant fluctuations in transaction fees. According to data collected from Bitcoin's Mempool, the world's largest cryptocurrency network is experiencing its longest-ever congestion period, with over 460,000 transactions awaiting processing.

By Web3 Station 21 Sep 2023
Base Builds Security Fence Pessimism for Optimism

defi

Base Builds Security Fence Pessimism for Optimism

Overview Layer-2 Base has launched Pessimism, a security monitoring system designed to enhance security within the Optimism ecosystem. Introduction to Pessimism As part of its decentralization efforts, layer-2 Base has introduced Pessimism, an open-source monitoring system aimed at bolstering security across the Optimism ecosystem. Pessimism is engineered to detect protocol

By Web3 Station 20 Sep 2023
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